Commodity ratio · live
Lead Futures to Cobalt Ratio
The lead futures to cobalt ratio is 0.03393 — Lead Futures at $1,909.88 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lead Futures to Cobalt ratio
1.000 T of lead futures = 0.03393 T of cobalt
Inverse (COB/LEAD-FUT): 29.47 — one Metric Ton of cobalt buys that much lead futures.
Below its 1 year average. (20th percentile of the last 1 year)
Lead Futures
$1,909.88
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of lead futures. Prices as of Mon, 24 Aug 2026 10:29:33 GMT.
1Y average
0.03845
median 0.03520
1Y low
0.03289
Jul 15, 2026
1Y high
0.06063
Sep 7, 2025
Normal band
0.03136–0.04555
mean ± 1 std dev
Deviation from mean
-0.64σ
347 observations
Lead Futures to Cobalt ratio charts
Pick a range once — it applies to the LEAD-FUT/COB ratio line, the OHLC candles and the Lead Futures / Cobalt price chart below.
LEAD-FUT/COB ratio line
How many T of Cobalt one T of Lead Futures buys, over 1Y.
LEAD-FUT/COB ratio candles
Open, high, low and close of the LEAD-FUT/COB ratio for each period in the last 1Y.
Lead Futures and Cobalt prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the lead futures to cobalt ratio
Lead Futures to Cobalt ratio = Lead Futures price per Metric Ton ÷ Cobalt price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $1,909.88 ÷ $56,290.00 = 0.03393. The inverse is 29.47.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the lead futures to cobalt ratio today?
The lead futures to cobalt ratio is 0.03393 — Lead Futures at $1,909.88 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the lead futures to cobalt ratio?
Divide the lead futures price per Metric Ton by the cobalt price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of cobalt per Metric Ton of lead futures.
What is the inverse of the lead futures to cobalt ratio?
The inverse, cobalt to lead futures, is 29.47 — how many Metric Tons of lead futures one Metric Ton of cobalt buys.